Having completed 25 public-private partnerships throughout its history, the Company has particular expertise working in collaboration with municipalities, states, public and private universities, the federal government, sovereign nations, and other public entities to develop and build transformational projects.
One of Armada Hoffler’s most successful public-private partnerships is the $600+ million mixed-use Town Center development in Virginia Beach, VA. This public-private partnership currently features over 800 apartments and condominiums, more than 400 hotel rooms, approximately 800,000 square feet of Class A office space, nearly 500,000 square feet of retail space, a regional performing arts theater, and various public gathering areas. Over nearly two decades, Armada Hoffler worked in a strategic alliance with the City of Virginia Beach to fund the public infrastructure and parking needed to support this large private investment that has generated millions of dollars in tax revenue for the City.
partnerships to date